How are spot trading fees calculated, and where are they deducted? A lot of people aren't sure!
Spot trading fees are usually calculated by multiplying the trade amount by the fee rate. A fee is charged for each completed trade, and partial fills are charged only on the portion that was filled.
If you don't use BNB to pay fees, and you buy 1 coin with USDT, the fee is deducted from that coin, so you'll receive slightly less than 1 coin.
If you're unfamiliar with a product, take it slow. Try it with a small amount first.
$BNB 743.09(+0.89%)
Just my personal opinion—don't take it too seriously.
Spot trading fees are usually calculated by multiplying the trade amount by the fee rate. A fee is charged for each completed trade, and partial fills are charged only on the portion that was filled.
If you don't use BNB to pay fees, and you buy 1 coin with USDT, the fee is deducted from that coin, so you'll receive slightly less than 1 coin.
If you're unfamiliar with a product, take it slow. Try it with a small amount first.
$BNB 743.09(+0.89%)
Just my personal opinion—don't take it too seriously.